Chapter 77 Nanjing Central Bank
For the Nanjing court, the financial crisis was already an imminent matter.
This is also the difference between Beijing and Nanjing.
Beijing’s financial system is already somewhere between ancient and modern times. Only then can we use means such as national debt.
Tolerance for deficits is high. But things are different here in Nanjing. If there is no money in the Nanjing government treasury, then there is really no money, and it cannot even issue banknotes, because the correct technology for banknotes is in Beijing. How advanced this set of technology is is not supernatural. But there is also something to behold. Otherwise, banknotes can be easily copied.
It is difficult to completely replicate Nanjing’s technical background. But getting a similar set shouldn't be difficult.
After all, due to newspaper printing, there has been some development in printing technology in Nanjing. However, it is normal to not be as good as Beijing.
Nanjing still has a surplus, but it won't be able to sustain it for long. Especially for the additional dispatch in Shaanxi, a lot of money was spent like water.
Once the treasury runs out of money, wages will be owed.
Even though Zhu Yunwen didn't know how to fight, he also knew that the emperor had no shortage of hungry soldiers.
This problem is simply urgent.
We can’t wait even a moment to change banknotes and issue new ones.
Ding Xian said: "Your Majesty, please rest assured. I have transferred manpower from various places to form a central bank, which is directly under the jurisdiction of the cabinet. I have also taken over the bank branches in various places. At the end of this month, I will start to issue banknotes to replace old banknotes."
Zhu Yunwen said: "That's good."
Ding Xian obviously doesn't know enough about the banking system.
He can only tap talents from the original banking system. After all, these are professionals too. However, the real professionals are all in Beijing. In order to issue banknotes, Hexi Beijing has become an economic statistical survey agency, which is responsible for investigating and researching financial data and determining the amount of issuance.
Although, these institutions are still very immature.
But He Xi feels that there will be a great future in the future.
Nowadays, due to industrial development, the demand for currency is particularly large, so He Xi almost prints money, and the possibility of economic problems is unlikely. But we can't keep running like this, a blind man riding a blind horse.
Moreover, He Xi cannot understand economic theory. He couldn't quite understand it when he was in school. He just felt that these economists really didn't seem to be scientists. In any case, we can only establish an institution to train economists. In the future, we will talk about it in the future, and we must believe in the wisdom of future generations.
But He Xi has a concept of economics in his heart. The concepts of total currency issuance, economic aggregate, and gross product still exist. But Ding Xian obviously has no such idea. He is just a poor imitation of Beijing.
I don't know how big a killer move lurks behind this incident.
For the Duke of Wei, Duke of Cao and other nobles, the opportunity to make a fortune has come.
A financial battlefield is about to begin.
But this war will still take time. After all, banks also have a certain time limit for changing banknotes. It is impossible for this war to reach a climax as soon as it starts. But another war has already begun.
Nothing else. It was the Battle of Denglai.
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The will of Zhu Xiongying and He Xi is the will of the Beijing court.
Naturally, they did not dare to stand in the way of anything they agreed upon.
Moreover, it is very easy to launch an attack on Denglai. The reason is simple. This requires more use of the navy than the army.
Not to mention that the Liaodong Navy was already a strong force. To put it simply, the Northern Army's naval superiority at sea has not been fully utilized. At least, even Fu Youde in Nanjing didn't care much about this aspect.
It's not that Fu Youde didn't know the navy.
Fu Youde actually recognized the navy's transportation capabilities and logistics capabilities. But he actually didn't care too much about the navy's ashore operations. Because he knew very well that the navy needed a port to dock. Generally speaking, the north lacks good ports. Shandong Peninsula is not bad. Jiangsu coastline
Needless to say, it is false to say that the ship cannot be stopped. But it is true that large ships cannot be stopped, which is completely different from the situation with numerous islands along the southeast coast.
There are guards along the coast of Shandong, and there are cities wherever the army can land. It is not easy for a small group to infiltrate, but it is not a simple matter for a large army to land.
After all, the Normandy landings in later generations took so much effort.
Therefore, Fu Youde had foreseen the various difficulties that the Northern Army would encounter when landing in Shandong. Because of this, he didn't think Denglai would have any problems. In other words, even if the Northern Army landed in Shandong. The Shandong defenders may not be able to attack. But it is still possible to defend the city. Delay until he withdraws. I'm sure nothing will happen.
It's just that the war has changed, not only in the army, but also in the navy. It can even be said that the changes among the navy are even greater. It's just that the Ming Dynasty was a mainland country, and the changes in the navy were not enough to determine the outcome of the battlefield and the change of political power. It doesn't seem that important.
Tang Yan looked at his boat. Even after seeing it a few times, he still felt very satisfied, even more so than his wife.
Tang Yan's original name was not Tang Yan, his name was Tang Da. He was a hungry man in Shandong who fled famine to Liaodong. He first worked in a salt farm. Later, because there were too many people in the salt farm, he was assigned to a fishing boat. Finally, because of his good performance, he entered the Lushun Navigation College. He was originally a teacher. What is taught is boating. But later he taught himself many subjects, and nearly ten years later, he had become the captain of the gunboat of the Liaodong Navy. Equivalent to one thousand households in the Army.
It changed its name one after another, twice, first to salt. Later, I felt that the name didn't sound good, so I called her Yan.
This made a man who came from a hungry family still feel a little confused when he returned from his dream at midnight.
His sister also married her classmate.
Also from a lower class background. But students from Port Arthur Navigation Academy.
This is not just the two of them, but the entire Lushun Navigation Academy.
That is to say, among the navy, there is a faction that seems to be very small, but is growing and growing, the academic faction.
This is also very simple. Of the three major colleges just established in Liaodong, Yingkou College is the most developed. Most of them are officials in Beijing. Many of the polytechnics are working in the Liaodong Zunhua Iron Works, or as technocrats in the imperial court, and quite a few are in the military.
The Nautical Academy is the most embarrassing.
Although the sea has been opened, the sea is very important to the Ming Dynasty. But most ordinary people don't look down on people who sail. Even if they do, they don't know how to operate a boat themselves. This is not a very good profession. To put it bluntly, seafarers are not a very good profession even in future generations.
Therefore, the employment of students from the Maritime College is the worst among the three colleges. That is, among the shipyards and the navy. Or just be a merchant and become a merchant captain. But these students who have studied are very unwilling to do this.
Although I am given money, is it the same as working as an official for the court or working for a businessman?
Therefore, everyone tried their best to squeeze into the Liaodong Navy.
But don't forget. The navy's surname is Fang.
This does not mean that Fang Chengfeng regards all navy masters as the same. No one is allowed to say a word. It is only divided according to the sphere of influence in the military, and the children of the Fang family have priority in the navy.
It's not that He Xi doesn't support these students. This matter cannot reach He Xi at all. Naturally, there are many people who support these students. Otherwise, how could these students have climbed to the backbone of the navy, that is, captains, for more than ten years.
The key is, can these students do it?
Sailing requires experience.
Moreover, the teaching materials at the Maritime College were very thin at the beginning. It can even be said that there is no teaching material. It is after so many years of student teaching feedback and even senior students’ own exploration and practice on board that the teaching materials have been accumulated bit by bit.
It's easy to promote them. But it's hard to say whether those who are promoted can win the battle.
If we cannot win the battle, we are not helping them, but harming them.
Even if Fang Chengfeng was from He Xi, he would not dare to embarrass these direct descendants of He Xi. There are even many descendants of the Fang family in the Navigation Academy.
The conflict between the two sides is not that big. After all, the Navy has been expanding.
Today's battle is based on the experience of these students in the past few years, whether they can stand alone.
Tang Yan is just one of them.
